Cartel Attempting to Prevent a $70 Yearly Candle on the Silver Chart
CME Hikes Silver Margin Requirement for the 2nd time in 3 Days
The CME Has Hiked Silver Maintenance Margins ANOTHER 30% to $32,500.
This Isn’t Coincidental Timing- it’s a TARGETED HIT on silver prices to close out 2025.
China just closed 2025 at $74.83/oz.
That number while well off Monday’s high is still No Bueno for the bullion banks as a YEARLY CLOSE for silver.
As soon as COMEX’ Globex closes at 4pm EST this afternoon, Silver’s Monthly, and Yearly Candles will be in the books.
The cartel is most certainly attempting to PAINT THE TAPE, and force a yearly close with a $60 handle.
Today’s 10% smash, with relentless cartel paper selling - has driven BACKWARDATION in spot silver prices to $0.60/oz early Wednesday afternoon.
The CME will worry about delivery demands and cooling issues later- thin holiday market trading with China closed for the next 5 days provides a unique opportunity for the bullion banks naked short billions of oz of silver- an opportunity we suspect they won’t fail to try to exploit.
Add in the fact that a smash below the same $70 price level ALSO breaks silver down and out of its UPTREND channel that has held since Thanksgiving night when the silver short squeeze began- which in and of itself could trigger a technical correction back to initial support near $64, or stronger support near $59- and we suspect that the silver market may face the PERFECT CARTEL STORM this afternoon.
The bullion banks are giving it their best shot.
Buckle up, things may be about to get VERY interesting as we close out 2025…
